VietnameseDecision No. 633-TTg dated October 04, 1995 of the Prime Minister to establish the Vietnam National Gem and Gold Corporation
ATTRIBUTE
Decision No. 633-TTg dated October 04, 1995 of the Prime Minister to establish the Vietnam National Gem and Gold Corporation
| Issuing body: | Prime Minister | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Official number: | 633-TTg | Signer: | Vo Van Kiet |
| Type: | Decision | Expiry date: | Updating |
| Issuing date: | 04/10/1995 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Enterprise |
For more details, click here.
Download files here.
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency
Effect status: Known
THE PRIME MINISTER OF GOVERNMENT ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom Happiness --------- |
No: 633-TTg | Hanoi, October 04, 1995 |
DECISION
TO ESTABLISH THE VIETNAM NATIONAL GEM AND GOLD CORPORATION
THE PRIME MINISTER
Pursuant to the Law on Organization of the Government of September 30, 1992;
Pursuant to the Law on State Enterprises of April 20, 1995;
In order to reorganize business activities in the gem and gold-exploiting industries;
At the proposals of the Minister of Heavy Industry, and the Minister-Chairman of the Government Commission on Organization and Personnel,
DECIDES :
Article 1.- To establish the Vietnam National Gem and Gold Corporation by reorganizing and rearranging the Vietnam Gem Company, the Gem Exploitation Enterprise No.1, the Lam Dong Gold Company, the Gold Company 392, the Gold Enterprise 386 under the Rare and Precious Mineral Resources Corporation of the Ministry of Heavy Industry, the Gem Exploitation Enterprise No.2 of Nghe An province, and economic units of the army operating in the gem industry, and by establishing a number of new member units.
The Vietnam National Gem and Gold Corporation (hereunder referred to as the Corporation for short) is a State-owned corporation, which has the legal person status, has its seal, is allowed to open its own bank accounts, is organized and operates in accordance with the Statute of the Corporation ratified by the Government.
The international transaction name of the Corporation is VIETNAM NATIONAL GEM AND GOLD CORPORATION, or VIGEGO in abbreviation.
The Corporation is headquartered in Hanoi city.
Article 2.- The Corporation has the following main tasks:
1. To conduct survey, exploration and exploitation of gems, gold and associated mineral resources; to fashion gems and manufacture jewelry and fine art products; to buy and sell, export and import gold, gems, and jewelry and fine art products, materials, and technological equipment for the gold and gem industry; to organize auctions of gems at home and abroad; to provide gem evaluation and trading services; to conduct other business activities in accordance with laws and undertake other tasks assigned by the State; to enter into joint ventures and cooperation with economic organizations at home and abroad in conformity with State laws and policies.
2. To receive and efficiently use natural resources, land, capital and other resources allocated by the State to fulfill the above-mentioned tasks.
3. To organize and manage researches and the application of scientific and technological advances, the training and fostering of personnel in the Corporation; the training of gemologists, and technical workers in fashioning gems and making jewelry and fine art products.
Article 3.- The organizational structure of the Corporation consists of:
- The Managing Board, the Control Commission;
- The General Director and the assisting apparatus;
- The member units of the Corporation, including:
a) The Hanoi Gem and Gold Company, the Nghe An Gem and Gold Company, the Lam Dong Gem and Gold Company and the Army Gem Company, which shall be formed on the basis of reorganizing and rearranging the units joining the Corporation as referred to in Article 1 of this Decision;
b) The newly established units include the Hanoi Gem and Jewelry Center, the Yen Bai Gem and Gold Company, the Tay Nguyen Gem and Gold Company, the Viet Bac Gem and Gold Company, the Ho Chi Minh City Gem and Gold Company, the Mine Survey and Prospection Company, and a number of other units.
Article 4.-
1. The Minister-Chairman of the Government Commission on Organization and Personnel shall propose to the Prime Minister for decision on the appointment of the President and other members of the Managing Board, the General Director of the Corporation.
2. The Minister-Chairman of the Government Commission on Organization and Personnel shall decide the appointment of the Deputy General Directors and the Chief Accountant of the Corporation submitted by the Managing Board of the Corporation at the proposal of the General Director.
Article 5.-
1. The Managing Board of the Corporation shall base itself on this Decision and the Model Statute on the Organization and Operation of State Corporations, issued together with Decree No.39-CP of June 27, 1995, to draft the Statute of the Organization and Operation of the Corporation, and submit it to the Government for ratification.
2. The Minister of Heavy Industry, the Minister of National Defense, and the President of the People's Committee of Nghe An province shall have to arrange the transfer to the Corporation of the units involved in the establishment of the Corporation as mentioned in Article 1 of this Decision.
3. The Minister of Finance shall preside over, coordinate with the Minister of Heavy Industry, the Minister of National Defense, the President of the People's Committee of Nghe An province in the allocation of capital to the Corporation.
Article 6.- This Decision takes effect from the date of its promulgation.
The Minister-Chairman of the Government Commission on Organization and Personnel, the Minister of Heavy Industry, the Minister of Finance, the Minister of National Defense, the President of the People's Committee of Nghe An province, the Ministers, the Heads of the ministerial-level agencies, the Heads of the agencies attached to the Government, the Presidents of the provinces and cities directly under the Central Government, the Managing Board and the General Director of the Vietnam National Gold and Gem Corporation shall have to implement this Decision.
THE PRIME MINISTER Vo Van Kiet |
Processing, please wait...
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency
VIETNAMESE DOCUMENTS
Decision 633-TTg DOC (Word)This utility is available to subscribers only. Please log in to a subscriber account to download. Don’t have an account? Register here
ENGLISH DOCUMENTS
Others
Decision 633-TTg DOC (Word)This utility is available to subscribers only. Please log in to a subscriber account to download. Don’t have an account? Register here
* Note: To view documents downloaded from LuatVietnam.vn, please install DOC, DOCX and PDF file readers
For further support, please call 19006192
